Now Transfer Funds Between PayTm To Mobikwik - YourDataPlan - Telecom Updates & Gadget News

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Now Transfer Funds Between PayTm To Mobikwik

It is done now. Users of any of the eWallets companies may be able to transfer the funds between inter eWallets like from PayTm to Mobikwik or Phonepay or Oxigen wallets. 

RBI has revised the prepaid instrument know your customer guidelines.



“Inter-operability amongst KYC compliant PPIs shall be implemented within six months of the date of issuance of the revised master directions, which will be issued within a week, i.e. by October 11, 2017,” RBI has said.

The RBI said revised framework will pave the way for inter-operability into usage of PPIs, as per the vision for Payment and Settlement Systems in the country.

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